Topic: Why do people have no faith in ICO's? - page 9. (Read 1112 times)
maybe because a lot of people think that there are a lot of scam or fake ICOs, and it's a big risk for anyone to join one not knowing if it's fake or legit. They're just trying to play safe.
People have no patience to wait for results from the project in which investments are made during the ICO. It is necessary to understand that investing in ICO is a long-term process and only after a while it will be possible to judge about the success or failure of the project.
Because there are just way too many ICOs projects in the market right now, and the developers who are making use of ICOs projects to scam investors money have definitely caused investors to take a more safety approach when investing into new ICOs projects.
First of all, earning money in ico is very long.
You have to have a lot of patience if you want to earn.
The duration of every project depends on how many week until it end.
And people tend to doubt ico because you have to wait for months before getting what you earned.
And there are many scammers out there.
They may be afraid of that.
You have to have a lot of patience if you want to earn.
The duration of every project depends on how many week until it end.
And people tend to doubt ico because you have to wait for months before getting what you earned.
And there are many scammers out there.
They may be afraid of that.
unfortunately, because of some scam ICOs have some distrust in that industry and aslo don't forget that a big percentage of the participants are sadly only in it for profit..., i cannot deny that there is a lot of legit ICOs with a great product that could benefit the crypto market and the community and i think that what should we focus on not anything else
There are very good projects, and people in them still believe. But there is also a lot of frank scum. Therefore, it creates the impression that people do not believe in ICOs. The main thing is to be able to distinguish good projects from divorce and everything will be fine 
Why do people have no faith in ICO's? They're probably afraid of it because they do not comment on it. They have no fear They know what they are doing.
I didn't really notice people stop believing in ICOs. Usually many are supported because they are the way you can get Bitcoin, but of course it can exist some doubts about them and this is completely understandable considering how many people have been fooled by certain projects that were scams.Maybe that's the problem, or maybe simple ways to earn BTC have been discovered.
I just don't get why people aren't trying to push good projects more than they are trying to shoot down everything
Everyone loves reliability, therefore, at the slightest suspicion, they blame the project for weakness or fraud. This is due to the fact that people are afraid to lose their money when investing in an unsuccessful project.Of course be afraid of losing your money. It's a normal feeling. I think there are no people who would not be afraid to lose money. No matter how much money they have.
Remember Everyone that blockchain ICOS are a var new concept to many, so until people are seasoned investors and they get used to choosing the creme de la creme of ICOS, it might seem a little daunting, especially for newcomers. Also it is so much easier to invest in an ICO than it is in traditional investments, so people are confused about the plethora of ICOS they see randomly popping up, so the feel overwhelmed and discouraged. I also think that the negative press hasn't helped, countries banning ICOS and also some hackers and scammers in the mix, all have made this ICO sector a very difficult place for many people to trust and park their hard earned money.
I just don't get why people aren't trying to push good projects more than they are trying to shoot down everything
Everyone loves reliability, therefore, at the slightest suspicion, they blame the project for weakness or fraud. This is due to the fact that people are afraid to lose their money when investing in an unsuccessful project.
People who have no faith in ICOs have probably been scammed before. There are some good projects out there who are serious about their project. What most people who participate in ICOs refuse to do is they do not research enough about the project. They do not consider the feasibility of the project and do not analyse the website to predict the future.
I myself became very skeptical of many ICO because of the scam, And people can do nothing with it
ICOs are cool if you know what you are doing, if not they will be your worst nightmare and will suck all your investment into the wrong hands and projects. And yes, is easy to be scammed.
In vain you say that people do not believe in ICO. I see and see the opposite. Many believe and invest, the main thing is not afraid and everything will be fine =)
I think that is because many media always mislead ppl about the success rate of ICO, actually there are many fake projects influencing the market. That's why ppl start losing confidence in good projects. I recommend MovieChain project led by Xender, and I think it will be a huge success. The website is: www.moviechain.io. you can follow to know more
This is due to previous results and bad track record of some ICOs. Many people don't analyze a crypto project and do not read whitepaper, they just invest directly. So investing without any research causes problem. Some ICOs don't give desired result and after that people hate ICOs and don't like investment in ICOs. But some ICOs with good project and strong team may give good returns. But finding good project is difficult. You need to differentiate gold from sand. But if you find a worthy project, then you may get good results.
- Because it's not normal that you give complete strangers 100's to 1000's of dollars in advance for some mediocre idea that might work out in a scene which is completely filled with mediocre ideas of which none actually are used in any way in real life but some went to the moon in pricing/valuation.
- Because people don't tend to be the most productive when they launched an idea, just got 15 million for that idea before they needed to achieve anything.
- Because people don't tend to be the most productive when they launched an idea, just got 15 million for that idea before they needed to achieve anything.
This.
Many people either have no faith in ICOs or that faith has diminished. The reasons are (1) You are exercising "blind faith and trust" in the projects of someone you do not know. In an ICO where there is no transparency and revelation of the identity of people behind them, you might as well give your money to a stranger on the street and tell him to go buy you a loaf of bread. Odds are high, you will not see that bread. (2) Many ICOs are scams and Ponzi schemes that are no different than "Lending Platforms" in their "Modus Operandi." Grabbing your money and running off with it.
Many ICO creators understand a basic character defect many have: Greed and the desire to make a lot of money. Those two things are the bait and lure. Many are caught and left gutted and filleted at the end.
There are some good ICOs, however, but are difficult to spot. Yet, even with them, you are putting faith and trust that they will deliver.
EVERYTHING in crypto is a gamble and a risk. It is important that you know that if you decide to play in this space.
You would win big and you could lose big.
Nothing is guaranteed.
Many ICO creators understand a basic character defect many have: Greed and the desire to make a lot of money. Those two things are the bait and lure. Many are caught and left gutted and filleted at the end.
There are some good ICOs, however, but are difficult to spot. Yet, even with them, you are putting faith and trust that they will deliver.
EVERYTHING in crypto is a gamble and a risk. It is important that you know that if you decide to play in this space.
You would win big and you could lose big.
Nothing is guaranteed.
People do not believe in ICO because they very often lost their money. The one who lost her money once becomes a very suspicious. He can not be sure that this will not happen to him again.
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